[OPE-L:7348] [OPE-L:878] Re: r & i

Gerald Levy (glevy@pratt.edu)
Mon, 12 Apr 1999 14:59:15 -0400 (EDT)

Here is Paul C's response, which was evidently intended for the list.
Paul, could you please expand upon your answer? /In solidarity, Jerry

---------- Forwarded message ----------
Date: Mon, 12 Apr 1999 17:11:17 +0100
From: clyder@gn.apc.org

At 09:05 AM 12-04-99 -0400, you wrote:
>Paul C wrote in [OPE-L:873]:
>
>> My belief is that the rate of profit is in the very long run
>> regulated by the rate of interest,as this sets a ceiling on the
>> organic composition of capital that is acceptable to industry.
>
>Then what determines the rate of interest in the very long run?
>
Politics.

>In solidarity, Jerry
>
>
Paul Cockshott